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Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the

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Speaker 1: Bloomberg Balance of Power podcast. Catch Just Live weekdays at

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Speaker 1: noon Eastern on Eppo car Play and then Roun Auto

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Speaker 1: with the Bloomberg Business app. Listen on demand wherever you

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Speaker 1: get your podcasts, or watch us live on YouTube.

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Speaker 2: I'm Joe Matthew Hayley.

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Speaker 3: You've made it to Chicago, a month after the Republicans

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Speaker 3: wrapped their convention in Milwaukee. It's day one here in Chicago,

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Speaker 3: and we've got some great guests and important voices teed

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Speaker 3: up for the next two hours to get us ready, Kayley, for.

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Speaker 2: The first night.

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Speaker 4: Indeed, it's going to be a big one.

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Speaker 5: It also comes a month after President Joe Biden left

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Speaker 5: this race, decided not to seek re election and hand

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Speaker 5: the reins over to his Vice president, Kamala Harris, who

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Speaker 5: already is officially the Democratic nominee after a virtual roll

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Speaker 5: call earlier this month. The formalities and the pom pomp

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Speaker 5: and circumstance happen here in Chicago this week, and of

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Speaker 5: course she will wrap things up giving that acceptance speech

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Speaker 5: on Thursday. It is President Biden we will hear from

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Speaker 5: in the primetime tonight.

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Speaker 2: That's the big one, President Biden here in town.

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Speaker 3: The first Lady Joe Biden will also be speaking and

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Speaker 3: the theme, Kaylie, We've got, of course a different theme

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Speaker 3: for each night for the people, which is right up

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Speaker 3: Joe Biden's alley when it comes to his own branding.

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Speaker 3: Secretary of the former Secretary of State Hillary Clinton will

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Speaker 3: also be at the podium tonight as well.

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Speaker 4: Yeah, many speeches to watch.

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Speaker 5: We're also of course watching here in Chicago for potential protests.

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Speaker 5: We've already seen some yesterday, and the question is going

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Speaker 5: to be to what extent could they actually disrupt the

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Speaker 5: activities today. Obviously much preparation has been done from a

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Speaker 5: security standpoint, and of course Democrats are really going to

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Speaker 5: be trying to project a message of unity, even if

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Speaker 5: there are some divisions evident over the ongoing war.

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Speaker 3: Yeah, we're talking tens of thousands potentially. We've heard at

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Speaker 3: least of protesters. We saw some gatherings last night around

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Speaker 3: Michigan Avenue and some other areas close to where we're

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Speaker 3: all staying. But unclear of the scale to which these

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Speaker 3: protests will take. We know there are thirty uncomitted delegates

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Speaker 3: on the floor, pro Palace, Daine and delegates sees fire

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Speaker 3: delegates as they've been called. But the logistics, the security

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Speaker 3: surrounding this event couldn't be more complicated. And that's where

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Speaker 3: we start our conversation with Bloomberg's isis Almeta, who is

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Speaker 3: our Chicago bureau chief here at Bloomberg.

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Speaker 2: Isis great to see you, Thanks for having us in

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Speaker 2: your hometown.

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Speaker 6: Thank you for having me.

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Speaker 3: This has been quite the operation to secure this convention.

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Speaker 3: What are we in for the next several days.

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Speaker 6: Yes, I think the city's being preparing for like over

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Speaker 6: a year. Chicago police is getting help from about five

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Speaker 6: hundred police officers from other parts of the country too.

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Speaker 6: I think there's one hundred and fifty National Guard on standby.

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Speaker 6: Pritzkerk confirmed that yesterday just in case we needed. We've

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Speaker 6: saw the we've seen the first protests. There's at least

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Speaker 6: seven schedule that we know of, and I'm sure many

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Speaker 6: more will come and pop up once in a while,

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Speaker 6: and you know, we'll just be interesting to see how

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Speaker 6: how they can disrupt the mood or how the city

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Speaker 6: of Chicago keeps everyone under control well.

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Speaker 5: And it's been especially remarkable because the city of Chicago

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Speaker 5: has hosted a convention before, including in nineteen sixty eight,

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Speaker 5: and that's what everyone seems to be drawing and comparison

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Speaker 5: to is we come in to this week. But obviously

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Speaker 5: Chicago very much wanted to host this. This was a

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Speaker 5: big effort on the part of Governor.

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Speaker 4: Prisker, who you just mentioned.

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Speaker 5: What does this mean for the city, especially if things

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Speaker 5: potentially go awry or we start to actually see protest

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Speaker 5: turning violent.

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Speaker 6: Yes, I think for the governor really this convention is

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Speaker 6: what propels them to the national stage. Right if you

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Speaker 6: think about like a lot of people don't know who

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Speaker 6: he is, and I think after this week everyone will

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Speaker 6: know who he is. So keeping things under control and

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Speaker 6: making sure that we don't look like nineteen sixty eight

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Speaker 6: where we had severe classes between the police and protesters

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Speaker 6: and the police pretty much crossed the protesters, I think

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Speaker 6: that will be very very important for the governor and

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Speaker 6: his image. So I think they will try everything they

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Speaker 6: can to ensure that things go peacefully.

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Speaker 3: Interesting that we've heard from police on that front that

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Speaker 3: even non permitted protesters will not be rounded up, will

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Speaker 3: not be arrested, as they try to avoid massive engagements

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Speaker 3: with protesters. We're not going to see hundreds or thousands

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Speaker 3: of people rounded up, Is that fair to say?

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Speaker 6: I think if things remain peaceful, I definitely think we

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Speaker 6: won't see that. But I think Chief Snelling, who is

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Speaker 6: their chief of police are in Chicago, he made it

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Speaker 6: clear he will not lack protesters destroy the city.

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Speaker 5: And of course it's not just going to be protesters

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Speaker 5: that are here in town. There are thousands of people

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Speaker 5: who have descended for the convention. Obviously, this is a

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Speaker 5: big event for a city hosting. What kind of economic

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Speaker 5: impact do we expect that this is.

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Speaker 4: Going to have for Chicago.

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Speaker 6: I think this is a really interesting question because the

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Speaker 6: economic impact that has been forecast is about one hundred

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Speaker 6: and fifty to two hundred million. But when you start

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Speaker 6: talking to restaurants and you see that maybe the number

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Speaker 6: of like Chicago residents that have chosen to stay away

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Speaker 6: from the city are actually impacting their reservation so they're

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Speaker 6: not really seeing a boom and restaurant bookings as a result.

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Speaker 6: It was funny when I drove in today there was

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Speaker 6: no traffic and I was like, wow, this is the

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Speaker 6: first day of you know, in weeks that there's no

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Speaker 6: traffic on a highway.

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Speaker 3: Not too used to that around here, but that is

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Speaker 3: what this is all about, right, There's a reason why

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Speaker 3: a city vies for an opportunity like this, to get

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Speaker 3: the eyes of the nation, get the eyes of the

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Speaker 3: world on Chicago, and maybe change the narrative. Donald Trump

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Speaker 3: spent time in Milwaukee compairing Chicago to Afghanistan, referring to

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Speaker 3: some of the crime statistics. This is a chance for

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Speaker 3: Chicago to turn that story around, right, Yeah.

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Speaker 6: I think Chicago, even before the convention already had issues

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Speaker 6: with like persistently high crime. We've seen some high profile

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Speaker 6: businesses leaving the city, and I think that has really

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Speaker 6: created that, you know, national narrative and the way people

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Speaker 6: perceive Chicago. So I think it's a chance for the

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Speaker 6: city to try to turn that around, and it will

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Speaker 6: be important for them to keep things under control. But

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Speaker 6: I think long term, the city needs to continue to

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Speaker 6: tackle crime if it is to attract businesses here well.

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Speaker 5: And tackling crime is obviously something that presidential candidates are

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Speaker 5: talking about as well. Certainly Kamala Harris has been attacked

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Speaker 5: by Donald Trump on the crime issue. In addition to

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Speaker 5: the economy and the border. Can you just give us

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Speaker 5: a sense of isis. Obviously we're sitting here in a

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Speaker 5: deep blue state. This is not a swing state where

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Speaker 5: this convention is being held as was the case in Milwaukee, Wisconsin.

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Speaker 5: But what are the issues that resonate with mooiter But

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Speaker 5: it's not just in Chicago but in Illinois.

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Speaker 6: Yeah, I think the biggest concerns that we see here,

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Speaker 6: we see the propile is time concerns, and this is

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Speaker 6: why you have the protests. You see a lot of

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Speaker 6: like women's rights, reproductive rights, LGBT two plus rights, and

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Speaker 6: that is something that a lot of people in the

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Speaker 6: state are concerned about. I think the migration issue too. Immigration,

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Speaker 6: and you've seen the number of like people, more than

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Speaker 6: forty thousand people have arrived in Chicago from Texas and

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Speaker 6: other parts of the country bust here, and I think

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Speaker 6: there's a lot of tensions between the Chicago and black

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Speaker 6: population and the immigrants that are coming and where the

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Speaker 6: city spends its resources. And you know, there's a lot

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Speaker 6: of money that's gone to sheltering the migrants while there's

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Speaker 6: already a you know, a homeless black homeless population in

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Speaker 6: the city. So those are the tensions that we've seen

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Speaker 6: played out in City Hall.

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Speaker 5: All right, ISOs Amina, It's going to be a busy

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Speaker 5: week for you playing host to all of us this week.

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Speaker 5: She is our Chicago beer chief. Thank you so much

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Speaker 5: for joining us. And of course Joe and I are

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Speaker 5: now here in Chicago. Both President Biden and Kamala Harris

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Speaker 5: are now here as well as Obiden is going to

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Speaker 5: be leaving after his speech tonight, heading out to California.

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Speaker 4: He won't be staying through the week.

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Speaker 5: But we also saw the presidential candidates, including Vice President Harris,

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Speaker 5: on the move this weekend as they competed in swing states.

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Speaker 5: Harris and Walls on a bus tour Pennsylvania yesterday. Of course,

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Speaker 5: Donald Trump holding some rallies of his own.

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Speaker 3: Yeah, not an accident where they're positioning themselves and we're

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Speaker 3: going to see, actually Donald Trump and JD. Vance kind

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Speaker 3: of counterprogramming what Democrats are doing throughout the week. Not

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Speaker 3: exactly what we saw in Milwaukee, but this is what

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Speaker 3: they're dealing with right now, with new polls showing once

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Speaker 3: again that Kamala Harris has the momentum and you can't

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Speaker 3: stay home if you're Donald Trump.

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Speaker 5: Yeah, definitely trying to stall that momentum to the extent

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Speaker 5: that he can. But we should just take a listen

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Speaker 5: to some of the language we were hearing from both

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Speaker 5: of these candidates this weekend as they looked ahead to

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Speaker 5: this week.

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Speaker 7: I very much consider us Sandrow Dog. We have a

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Speaker 7: lot of work to do to earn the vote of

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Speaker 7: the American people. That's why we're on this bus tour today,

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Speaker 7: and we're going to be traveling this country as we've

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Speaker 7: been and talking with folks, listening with folks, and hopefully

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Speaker 7: earning their votes over the next seventy nine days.

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Speaker 2: Who would believe this.

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Speaker 3: Eighty days from now, we are going to defeat.

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Speaker 8: A communist known as Kamala Howris.

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Speaker 9: He's a comune, most radical left person ever to run

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Speaker 9: for office.

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Speaker 2: This is not what this country needs.

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Speaker 10: We've had enough of them.

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Speaker 9: We're going to win back the White House and we're

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Speaker 9: going to take back to our country.

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Speaker 7: Anybody who's about beating down other people is a coward.

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Speaker 7: This is what strength looks like. So we know what

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Speaker 7: we are about, we know what we stand for. And

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Speaker 7: one of the beautiful things about these next seventy nine

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Speaker 7: days is what the people in this room have already

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Speaker 7: been doing and know, let's build community, let's reinforce community.

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Speaker 3: I'm a better looking person than Kamala.

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Speaker 11: No.

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Speaker 2: I couldn't believe it, she said. You know, I had

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Speaker 2: never heard that one.

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Speaker 12: They said, No, her biggest advantage is that she's a

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Speaker 12: beautiful woman.

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Speaker 10: I'm gone, huh. I never thought of that. I'm better

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Speaker 10: looking than she is.

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Speaker 5: So that was a look back at this past weekend.

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Speaker 5: Now we look forward to what's to come for the

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Speaker 5: remainder of the week here at the Democratic National Convention.

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Speaker 5: And as we do so, joining us here on set

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Speaker 5: in Chicago is Congresswoman Abigail Spanberger of Virginia. Congresswoman, thank

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Speaker 5: you so much for being with us. Happy convention week

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Speaker 5: to you. Obviously, you and your party are coming into

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Speaker 5: this week with I think can be fairly characterized as

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Speaker 5: a great deal of enthusiasm over the new candidate.

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Speaker 4: Four weeks in to her campaign.

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Speaker 5: The question has been, how does that momentum be sustained

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Speaker 5: after this week?

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Speaker 4: What does the party need to do in.

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Speaker 5: The coming days here in Chicago to keep this going

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Speaker 5: until the election.

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Speaker 13: Well, I think importantly what we're doing back home in

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Speaker 13: Virginia is making a pitch to voters about what's on

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Speaker 13: the line with this election, what matters, why people need

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Speaker 13: to get out and vote, and what I expect to

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Speaker 13: occur is coming out of this convention, the continued conversation

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Speaker 13: about the stakes of this election, the choice that we have,

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Speaker 13: certainly at the presidential and vice presidential level, but even

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Speaker 13: at the Senate level in Virginia we have Senator Tim

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Speaker 13: Kine for reelection and at the congressional level where we

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Speaker 13: have some incumbents running for reelection as well as some challengers,

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Speaker 13: and so that momentum I think will continue. We've had

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Speaker 13: a more than a five hundred percent increase in volunteer

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Speaker 13: sign ups back home in the Commonwealth. So it's an

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Speaker 13: exciting time, but it's because people know what's at stake.

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Speaker 3: Each member of the party, certainly lawmaker coming to town

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Speaker 3: here is coming with a different set of issues, a

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Speaker 3: different set of values.

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Speaker 2: You might suggest it.

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Speaker 3: In Virginia, it's interesting as you butt up against the

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Speaker 3: capital city, you have a massive federal workforce working in

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Speaker 3: your estate whose jobs could be on the line depending

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Speaker 3: on the outcome of this election.

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Speaker 13: That's exactly right, and we have singing through Agenda twenty

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Speaker 13: twenty five, through Agenda forty seven or Project twenty twenty

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Speaker 13: five and Agenda forty seven. We know that there are

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Speaker 13: major shifts that President Trump and a vice president Vance

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Speaker 13: would make to the federal workforce.

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Speaker 4: Vance himself said that his advice.

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Speaker 13: Would be to fire every federal worker and replace them

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Speaker 13: with quote our people. So the stakes of this election

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Speaker 13: are dire for so many Virginians and certainly the federal workforce,

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Speaker 13: the very function of government, but the Virginia economy, and

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Speaker 13: so it's something that we're talking about across the Commonwealth.

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Speaker 13: The reality that when you have a presidential and vice

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Speaker 13: presidential candidate who wants to do away with those jobs,

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Speaker 13: those livelihoods, that's a major risk certainly to those individuals,

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Speaker 13: to their lives, to their jobs, but also to our economy.

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Speaker 5: Well, certainly we've all paid attention to what the Trump

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Speaker 5: Vance ticket broadly have outlined in terms of what they'd

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Speaker 5: like to see with their domestic agenda. There's also the

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Speaker 5: foreign policy agenda. We know, for example, Senator Vance is

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Speaker 5: highly skeptical of continuing to help fund Ukraine and its

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Speaker 5: effort against Russia. Certainly, there is some contrast between these

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Speaker 5: two tickets when it comes to the issue of Israel

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Speaker 5: in Gaza, something we expect to be fully on display

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Speaker 5: here in Chicago with protests. Given your seat on the

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Speaker 5: Intelligence Committee or background at the CIA, how should we

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Speaker 5: be thinking about the foreign policy implications of this election.

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Speaker 13: The foreign policy implications of this election are extraordinary. And

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Speaker 13: I say that as a current member of Congress, as

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Speaker 13: you mentioned, a member of the Intelligence Committee, but also

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Speaker 13: as a former national security professional as a CIA officer.

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Speaker 13: The things that that JD. Vance has said about our

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Speaker 13: support to the Ukrainians, I think discounts the entire importance

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Speaker 13: and value of American global leadership, of our commitment to

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Speaker 13: our NATO allies.

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Speaker 4: Certainly, we saw.

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Speaker 13: Under President Trump's first presidential term his constant alienating of

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Speaker 13: our allies, his efforts to pull us away from NATO,

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Speaker 13: which is an extraordinarily important alliance. And the contrast is clear,

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Speaker 13: and Trump vance administration would imperil our national security, would

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Speaker 13: imperil our position of global leadership, and from a national

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Speaker 13: security perspective, I think would be a dire, dire circumstance,

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Speaker 13: particularly as we see on the ground in the Ukrainians

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Speaker 13: fighting for their freedom, and we see commitment to the

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Speaker 13: cause of democracy worldwide under threat.

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Speaker 3: Remember the race in two thousand and eight, Hillary Clinton

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Speaker 3: famously had the three am call, ad is your commander

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Speaker 3: in chief going to be ready when the phone rings

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Speaker 3: at three am? She was referring to her experience at

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Speaker 3: the time, and of course then became Secretary of State

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Speaker 3: in another career. When we consider the stakes in this election,

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Speaker 3: after everything that you just said, why is Kamala Harris

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Speaker 3: ready for that phone call at three am? What experience

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Speaker 3: brings her to that point?

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Speaker 13: Well, importantly, she spent time as a member of the

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Speaker 13: United States Senate on the Senate Intelligence Committee, So recognizing

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Speaker 13: the breath and the scope of information coming in from

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Speaker 13: the intelligence community, from the extraordinary individuals working the world

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Speaker 13: over to help policymakers make informed decisions. I'm proud I

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Speaker 13: used to be one of those folks, and now I'm

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Speaker 13: on the policymaking side. So in that role, she knows

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Speaker 13: the full scope of what comes before policymakers. As Vice President,

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Speaker 13: she has had a seat in the room at every

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Speaker 13: major decision, whether it was sharing initial intelligence related to

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Speaker 13: the hour knowledge that the Russians were going to invade Ukraine,

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Speaker 13: or anything across the board. Since that war began, she

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Speaker 13: has been part of the decisions being made. She has

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Speaker 13: been in the room, and she knows the reality and

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Speaker 13: the dire consequences of each situation and what the American

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Speaker 13: response needs to be and has been.

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Speaker 5: And finally, Congresswoman, before we let you go, this election

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Speaker 5: also will of course mark the last one you are

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Speaker 5: in as a sitting member of Congress. You were not

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Speaker 5: seeking reelection to that body, instead pursuing the governor of Virginia.

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Speaker 5: Before you go, though, knowing we're going to be in

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Speaker 5: full election cycle mode, maybe not a lot's going to

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Speaker 5: happen between now, maybe the lame duck session. I know

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Speaker 5: there's some things you want to get done, including the

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Speaker 5: Stock Act restrictions on trading for members. Are you confident

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Speaker 5: you can get that done before you leave the chamber?

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Speaker 11: Oh?

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Speaker 4: So it's a busy time on Capitol Hill, sure. And the.

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Speaker 13: The Trust in Congress Act, which is the one that

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Speaker 13: would put restrictions on members of Congress from being able

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Speaker 13: to buy or sell individual stocks, right, is so vitally

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Speaker 13: important because when we think over the past number of years,

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Speaker 13: the degradation of trust that people have had, the low

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Speaker 13: approval rating of Congress our ability to say when we

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Speaker 13: are here. Every decision we make is a decision we

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Speaker 13: are making because it is one that is informed by information,

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Speaker 13: by intelligence, by conversations we're having with experts in certain fields,

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Speaker 13: and not by how we might benefit or our stock

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Speaker 13: portfolio might benefit. In terms of how confident I am

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Speaker 13: the bill is wholly bipartisan. We've got folks across the

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Speaker 13: political spectrum supporting it because it just makes sense. It's

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Speaker 13: wildly popular with the American people, and I ultimately will

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Speaker 13: continue to push for Speaker Johnson to bring that bill

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Speaker 13: for a vote. But I am tempering my my enthusiasm

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Speaker 13: on our ability to get it through. But I will

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Speaker 13: say that I have already lined up my successor to

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Speaker 13: carry it on. If we do not get it this Congress,

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Speaker 13: I promise you we will continue to have an aggressive

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Speaker 13: effort to get.

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Speaker 3: It done, and it would stand a better chance in

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Speaker 3: the Democratic House.

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Speaker 2: I would hope.

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Speaker 3: So I'm had been great to see you in Chicago.

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Speaker 3: Thanks for starting your day with us here on Bloomberg.

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Speaker 3: Abigail Spanberger Up, Virginia.

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Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Can

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Speaker 1: Just Live weekdays at noon Eastern on Apple car Play

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Speaker 1: and thenroyd Outo with the Bloomberg Business App. You can

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Speaker 1: also listen live on Amazon Alexa from our flagship New

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Speaker 1: York station, Just say Alexa play Bloomberg eleven thirty.

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Speaker 4: Of course, four days, four nights.

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Speaker 5: Joe a pomp and circumstance enthusiasm in the Democratic Party

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Speaker 5: and it begins tonight primetime speech from President Joe Biden, who,

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Speaker 5: of course, just four weeks ago, decided this would not

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Speaker 5: be his convention. Instead it's the convention of his vice

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Speaker 5: president Kamala Harrer.

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Speaker 3: That's right, He's the headliner instead of on the fourth night.

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Speaker 3: On the first night, the first Lady, Joe Biden will

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Speaker 3: be speaking as well.

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Speaker 2: Kayleie.

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Speaker 3: There's been a lot of references to passing the baton,

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Speaker 3: and that's actually what is going to happen. We saw

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Speaker 3: Kamala Harris and Joe Biden on stage for the first

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Speaker 3: time last week as we brought to our listeners and

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Speaker 3: viewers live for the first time since Joe Biden dropped out.

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Speaker 3: But this is the big moment tonight as he looks

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Speaker 3: ahead to the future in a theme for the people

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Speaker 3: on Night one of the DNC and joining us now

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Speaker 3: is Congressman Jonathan Jackson of Illinois. We thought we'd bring

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Speaker 3: someone actually from Chicago. It's great to see you, sir,

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Speaker 3: Thanks for being here at the table.

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Speaker 2: Nice to see in your hometown.

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Speaker 10: Great to see her again.

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Speaker 2: Is this a good night or a bad night for

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Speaker 2: Joe Biden.

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Speaker 10: It's a great night, Joe. President Biden has so much

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Speaker 10: to be proud of. He's honored his word to the

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Speaker 10: African American community. He was the first president to actually

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Speaker 10: interview an African American woman to go to the Supreme Court.

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Speaker 10: He's put an African American woman on the Supreme Court.

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Speaker 10: He also had an African American as his vice president

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Speaker 10: and he is now made her his successor that he

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Speaker 10: has endorsed. President Joe Biden has fully funded the EPA.

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Speaker 10: He's done something record in historic and putting money into

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Speaker 10: human infrastructure. The city of Chicago on the South and

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Speaker 10: West sides has the largest amount of lead service lines

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Speaker 10: in the nation. There is no safe amount of lead

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Speaker 10: that you can have in your water that's fully funded.

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Speaker 10: So he's done so many remarkable things and I think

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Speaker 10: that that's going to be a hallmark of his legacy

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Speaker 10: and the foundation that he's laid for a future generation.

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Speaker 5: Well, Congressman, you talk about ways in which he has

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Speaker 5: elevated Black Americans to some of the most senior levels

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Speaker 5: of the US government across all of its branches. Yet

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Speaker 5: what we saw was in his candidacy, at least this

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Speaker 5: time around, he was struggling to galvanize that base of

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Speaker 5: voters that had supported him in twenty twenty. We're starting

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Speaker 5: to see that change, at least polling indicates. With Vice

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Speaker 5: President Harris, what do you expect that her candidacy is

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Speaker 5: going to be able to do when it comes to

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Speaker 5: black voters or just voters of color in general in

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Speaker 5: this election.

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Speaker 4: How have things changed over the last four weeks.

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Speaker 10: Well, I think that earlier, I believe that was a

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Speaker 10: bit of fake news and people saying African American men

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Speaker 10: were looking at Donald Trump. Donald Trump is entertaining. He's

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Speaker 10: like P. T. Barnum, So you'll listen to him, you'll

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Speaker 10: cackle with him, but you don't take anything serious about him.

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Speaker 10: African American males know this is the same man that

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Speaker 10: asks for the death the execution of the Central Park

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Speaker 10: five young teenagers, and after they were found guilty, he

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Speaker 10: still is not apologized to them like something is very

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Speaker 10: depraved about this man. This man is also accusing convictive

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Speaker 10: of sexual assault that we know better than that. Mister

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Speaker 10: Biden has done is offered a clear alternative. He has

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Speaker 10: for decency. He has restored that. And now what you're

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Speaker 10: see in missus Harris, she knows the culture, she's been

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Speaker 10: a part of it. She's a product. She's going to

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Speaker 10: historically black college. She has made clear on her investments

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Speaker 10: that she wants to make in the community, and she

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Speaker 10: has galvanized it. We see continuity, we see legacy, we

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Speaker 10: see tradition, and for that we want to honor her

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Speaker 10: and keep up the great work of the Biden Harris administration.

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Speaker 3: Yeah, Congressman Donald Trump continues to question Kamala Harris's racial identity,

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Speaker 3: suggesting that she's somehow not actually part of the black community.

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Speaker 10: What do you say to that, Well, that's very much ignorant.

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Speaker 10: That he should first look at American Law eighteen ninety

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Speaker 10: six and Plessy versus Ferguson. There was a test on

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Speaker 10: that and it came out to say that if you

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Speaker 10: have one drop of blood, you're the negro. By definition,

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Speaker 10: it's the negro rule. So he's very ignorant of a

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Speaker 10: lot of things, and that's one thing that he should

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Speaker 10: be ashamed of. She has her father is of African descent,

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Speaker 10: he's Jamaican, her mother is of Indian descent. Like, I

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Speaker 10: don't know what this guy gets off of it, and

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Speaker 10: nobody ever pushes back on him for the man outrageous

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Speaker 10: thing that he says. Let's talk about something else he said.

442
00:21:41,800 --> 00:21:44,720
Speaker 10: He says he's beautiful. When he was out at Tomorrow Largo.

443
00:21:44,560 --> 00:21:46,120
Speaker 2: Round, he's still looking at He.

444
00:21:46,040 --> 00:21:49,760
Speaker 10: Says that he's better looking than Vice President Harris. Who

445
00:21:49,920 --> 00:21:52,479
Speaker 10: would ever believe that? Okay, we should at least give

446
00:21:52,520 --> 00:21:54,119
Speaker 10: the man a dog so that a dog can have

447
00:21:54,160 --> 00:21:58,000
Speaker 10: an objective test. Like, nobody's ever called this man attractive.

448
00:21:58,320 --> 00:22:00,760
Speaker 10: And from his behavior with women, he's been very aggressive.

449
00:22:01,040 --> 00:22:04,080
Speaker 10: So no, there's something fundamentally wrong. What man compares himself

450
00:22:04,359 --> 00:22:07,480
Speaker 10: beauty wise to a female. I think he's very misogynistic.

451
00:22:07,560 --> 00:22:09,720
Speaker 10: You're going to see racism come out as he gets

452
00:22:09,720 --> 00:22:12,159
Speaker 10: ready for this debate on September tenth. He's going to

453
00:22:12,200 --> 00:22:16,200
Speaker 10: have blooming over his head. A September eighteenth trial date,

454
00:22:16,240 --> 00:22:19,280
Speaker 10: if you will, a sentencing date. He's under enormous pressure

455
00:22:19,520 --> 00:22:22,040
Speaker 10: at eighty years of age for things that he's done,

456
00:22:22,119 --> 00:22:23,760
Speaker 10: and I think all this is going to make him

457
00:22:23,800 --> 00:22:25,600
Speaker 10: have even more erratic behavior.

458
00:22:26,119 --> 00:22:29,160
Speaker 5: Well, certainly we have seen a great number of personal

459
00:22:29,200 --> 00:22:33,040
Speaker 5: attacks from Trump against Kamala Harris, but we also have

460
00:22:33,080 --> 00:22:35,600
Speaker 5: seen some more targeted attacks when it comes to specific

461
00:22:35,600 --> 00:22:38,359
Speaker 5: issues like the border or the economy. He has been

462
00:22:38,400 --> 00:22:41,880
Speaker 5: along with Jady Vance, suggesting that if she was really

463
00:22:41,920 --> 00:22:44,000
Speaker 5: going to do something to be able to fight inflation

464
00:22:44,080 --> 00:22:45,760
Speaker 5: on day one, her day one was three and a

465
00:22:45,800 --> 00:22:46,520
Speaker 5: half years ago.

466
00:22:46,520 --> 00:22:50,600
Speaker 4: We've heard this repeatedly. Now, what is the answer to that?

467
00:22:51,080 --> 00:22:53,680
Speaker 5: Why has she not been able to have more influence

468
00:22:53,760 --> 00:22:55,040
Speaker 5: over that as vice president?

469
00:22:55,480 --> 00:22:58,040
Speaker 10: Well, I don't have the answer for that at this moment,

470
00:22:58,119 --> 00:23:00,399
Speaker 10: but it's a very complex issue. One thing you have

471
00:23:00,440 --> 00:23:02,080
Speaker 10: to do is stop what he was gearing up for

472
00:23:02,400 --> 00:23:06,040
Speaker 10: on this massive deportation. That's inhumane, that's not who we are.

473
00:23:06,240 --> 00:23:09,320
Speaker 10: And then his outrageous idea of building this border wall

474
00:23:09,520 --> 00:23:13,439
Speaker 10: that also hurts the ecosystem. Animals and other things have

475
00:23:13,520 --> 00:23:15,520
Speaker 10: to go around their winds, and birds have to go

476
00:23:15,560 --> 00:23:18,119
Speaker 10: over there. What is ailing South America should be the

477
00:23:18,240 --> 00:23:21,240
Speaker 10: question that he should be focused on. President Trump is

478
00:23:21,280 --> 00:23:24,680
Speaker 10: a chronic complainer, whiner, as opposed to fixing the blame.

479
00:23:24,920 --> 00:23:26,880
Speaker 10: He had to be more mature and fix the problem.

480
00:23:27,119 --> 00:23:29,760
Speaker 10: The problem is not at the Mexican border. The problem

481
00:23:29,800 --> 00:23:32,359
Speaker 10: is in South and Central America. When we end up

482
00:23:32,359 --> 00:23:36,760
Speaker 10: putting additional sanctions south on Cuba saying that they're a

483
00:23:36,840 --> 00:23:40,000
Speaker 10: terrorist state where there is no credible evidence for that,

484
00:23:40,000 --> 00:23:42,920
Speaker 10: that drove five hundred thousand people off of the island

485
00:23:43,160 --> 00:23:46,040
Speaker 10: that then have to migrate. When they put additional sanctions

486
00:23:46,080 --> 00:23:49,080
Speaker 10: on Venezuela, that took out another three to five million

487
00:23:49,080 --> 00:23:51,840
Speaker 10: people that they had to migrate. So people are coming

488
00:23:51,920 --> 00:23:54,800
Speaker 10: up the Pan American Corridor to the city of Chicago.

489
00:23:55,080 --> 00:23:58,280
Speaker 10: It's two four hundred and ninety nine miles from Caracas

490
00:23:58,359 --> 00:24:01,040
Speaker 10: Venezuela to Chicago, Leonorith. You don't have to fly to

491
00:24:01,119 --> 00:24:04,919
Speaker 10: Caracas Venezuela, you don't have to take a boat to Karakas, Venezuela.

492
00:24:05,080 --> 00:24:08,440
Speaker 10: People are walking up that corridor because we put sanctions.

493
00:24:08,640 --> 00:24:11,159
Speaker 10: We need to normalize some of the relationships, not be

494
00:24:11,240 --> 00:24:14,400
Speaker 10: so punitive. It is growing. Two thirds of our hemisphere

495
00:24:14,760 --> 00:24:18,760
Speaker 10: as non English speaking in South America, they're poor and

496
00:24:18,800 --> 00:24:21,600
Speaker 10: they're trying to have economic stability. The new Era of

497
00:24:21,600 --> 00:24:24,639
Speaker 10: America should be looking at something fundamentally that transforms a

498
00:24:24,760 --> 00:24:27,680
Speaker 10: Marshall plant, where we're helping these countries invest in their

499
00:24:27,720 --> 00:24:30,840
Speaker 10: water systems, helping them invest in their roads way. That's

500
00:24:30,880 --> 00:24:35,119
Speaker 10: something America has proprietary technology, technology, and we can make

501
00:24:35,240 --> 00:24:37,840
Speaker 10: and expand our markets, same thing we did after World

502
00:24:37,840 --> 00:24:41,719
Speaker 10: War Two. When we're into Europe, we can have that

503
00:24:41,760 --> 00:24:44,399
Speaker 10: same formula, same formula and do that in South and

504
00:24:44,440 --> 00:24:47,840
Speaker 10: Central America and in Africa. I want to put Africa

505
00:24:47,880 --> 00:24:49,920
Speaker 10: on there just for a moment because in the year

506
00:24:50,000 --> 00:24:52,639
Speaker 10: twenty fifty, just twenty five years from now, which is

507
00:24:52,680 --> 00:24:55,640
Speaker 10: something we should be talking about. In twenty five years

508
00:24:55,680 --> 00:24:58,920
Speaker 10: from now, one in four persons on planet Earth will

509
00:24:58,960 --> 00:25:02,240
Speaker 10: be Africans. How are we aligning our interest and our

510
00:25:02,320 --> 00:25:04,680
Speaker 10: future towards what's going to be twenty five percent of

511
00:25:04,720 --> 00:25:05,679
Speaker 10: the world's population.

512
00:25:06,320 --> 00:25:08,399
Speaker 3: Congress been the border is a huge issue. So is

513
00:25:08,400 --> 00:25:11,520
Speaker 3: the economy. We talked a lot about inflation. We've talked

514
00:25:11,520 --> 00:25:13,439
Speaker 3: a lot about the plans that we've at least been

515
00:25:13,480 --> 00:25:15,920
Speaker 3: able to understand. I know that we need some details

516
00:25:15,960 --> 00:25:20,119
Speaker 3: from both campaigns. Well, one of your most passionate issues

517
00:25:20,160 --> 00:25:23,440
Speaker 3: has been expanding the child tax credit. On Capitol Hill,

518
00:25:23,440 --> 00:25:25,879
Speaker 3: that is something that Kamala Harris wants to expand to

519
00:25:25,960 --> 00:25:27,920
Speaker 3: six thousand dollars to the number we hear. But jd

520
00:25:28,080 --> 00:25:31,320
Speaker 3: Vance is also calling for an expanded child tax credit.

521
00:25:31,720 --> 00:25:35,760
Speaker 3: Do you worry that Democrats in Chicago vote for the

522
00:25:35,800 --> 00:25:38,440
Speaker 3: Trump Dvance ticket because of what they're talking about here

523
00:25:38,480 --> 00:25:41,000
Speaker 3: what are essentially democratic issues?

524
00:25:41,640 --> 00:25:45,760
Speaker 10: No, because what Missus Harris is doing is authentic. What

525
00:25:45,840 --> 00:25:48,920
Speaker 10: jd Vance is doing is following. He's not leading the issue.

526
00:25:49,040 --> 00:25:51,399
Speaker 10: The second part. What jd Vance is doing he doesn't

527
00:25:51,440 --> 00:25:54,240
Speaker 10: think that every woman should have an equal right to vote.

528
00:25:54,359 --> 00:25:56,919
Speaker 10: He thinks that women that have more children should have

529
00:25:56,960 --> 00:25:59,080
Speaker 10: a higher level of writing to vote versus women that

530
00:25:59,119 --> 00:26:01,359
Speaker 10: have fewer votes. We've already been through that with African

531
00:26:01,440 --> 00:26:04,240
Speaker 10: Americans being called three fifths of a human being who

532
00:26:04,280 --> 00:26:07,200
Speaker 10: should have which level of proportionality to vote? His ideas

533
00:26:07,200 --> 00:26:10,520
Speaker 10: are antiquated, their stale, They simply don't work. Missus Harris

534
00:26:10,560 --> 00:26:13,600
Speaker 10: is an authentic description of a child text credit that

535
00:26:13,640 --> 00:26:17,400
Speaker 10: which was passed by Congresman Dol Sarrio ended up moving

536
00:26:17,400 --> 00:26:20,120
Speaker 10: a half of me, fifty percent of our children out

537
00:26:20,160 --> 00:26:22,600
Speaker 10: of poverty. It never should have been cut under the

538
00:26:22,600 --> 00:26:23,600
Speaker 10: Trump administration.

539
00:26:24,640 --> 00:26:26,639
Speaker 5: I'd like to ask you as well, Congressman, because we

540
00:26:26,680 --> 00:26:30,000
Speaker 5: are here in your hometown. There has been a lot

541
00:26:30,000 --> 00:26:32,760
Speaker 5: of talk about nineteen sixty eight also in Chicago. I

542
00:26:32,800 --> 00:26:35,240
Speaker 5: think we all know how that went at a convention,

543
00:26:35,320 --> 00:26:38,399
Speaker 5: and there are planned protests here for basically the duration

544
00:26:38,440 --> 00:26:41,920
Speaker 5: of this week over the war Israel is still conducting

545
00:26:41,960 --> 00:26:44,560
Speaker 5: against Hamas in Gaza. How concerned are you that we

546
00:26:44,640 --> 00:26:48,280
Speaker 5: may see images like we saw sixty years ago?

547
00:26:48,440 --> 00:26:50,560
Speaker 10: Almost I don't think we'll see that. I think we

548
00:26:50,640 --> 00:26:53,639
Speaker 10: have a mayor that came out of the organizing community

549
00:26:53,680 --> 00:26:56,159
Speaker 10: and activists and I have been on many marches and

550
00:26:56,200 --> 00:26:59,800
Speaker 10: demonstrations together. I'm glad that he's opened the city Hall

551
00:27:00,080 --> 00:27:02,760
Speaker 10: Mayor's office to talk to them. There are routes that

552
00:27:02,760 --> 00:27:07,800
Speaker 10: are established in very high visible levels, so I am

553
00:27:07,840 --> 00:27:10,200
Speaker 10: glad that he has opened the door. He's talked to them,

554
00:27:10,359 --> 00:27:12,600
Speaker 10: he's not shunned them, he's not turned his back on them.

555
00:27:12,840 --> 00:27:15,679
Speaker 10: And I also encouraged demonstrations. I think it's a healthy

556
00:27:15,720 --> 00:27:18,760
Speaker 10: part of our democracy. Young people are out there, they

557
00:27:18,800 --> 00:27:20,600
Speaker 10: have a point of view, they're trying to build a

558
00:27:20,600 --> 00:27:23,760
Speaker 10: future for their future together, and to the degree they

559
00:27:23,840 --> 00:27:27,000
Speaker 10: raised their voice peacefully, that's a good thing. Unlike what

560
00:27:27,119 --> 00:27:30,120
Speaker 10: you saw with mister Donald J. Trump going into the Capitol,

561
00:27:30,440 --> 00:27:32,960
Speaker 10: not wanting to have a clear transfer of power and

562
00:27:33,080 --> 00:27:36,160
Speaker 10: killing officers Sycknick, and not having the decency to call

563
00:27:36,440 --> 00:27:39,800
Speaker 10: Officer Sicknick's name, not having the decency to call the

564
00:27:39,960 --> 00:27:42,680
Speaker 10: officers on Capitol Hill and apologize for those that have

565
00:27:43,400 --> 00:27:46,359
Speaker 10: lost their lives and others that have committed suicide and

566
00:27:46,440 --> 00:27:49,320
Speaker 10: others that have been beaten down. He's shown no respect

567
00:27:49,520 --> 00:27:51,600
Speaker 10: and all the way up until the time of the

568
00:27:51,600 --> 00:27:54,760
Speaker 10: Golden the Congressional Gold Medal, saying it doesn't have any merit,

569
00:27:54,880 --> 00:27:58,520
Speaker 10: the Presidential Medal of Freedom, they're comparable medals. Something's wrong

570
00:27:58,560 --> 00:28:00,880
Speaker 10: with the man. As he gets more, we're desperate. As

571
00:28:00,920 --> 00:28:03,840
Speaker 10: he sees the polling number goes away, he's concerned if

572
00:28:03,840 --> 00:28:06,040
Speaker 10: somebody has called him, well, well you are weird. You

573
00:28:06,119 --> 00:28:08,600
Speaker 10: never laugh, You wake up mad all day long. Probably

574
00:28:08,600 --> 00:28:12,440
Speaker 10: sleep with a finch cliffs cliff, you know, a clinch fist.

575
00:28:12,600 --> 00:28:14,320
Speaker 10: Something is fundamentally wrong with this man.

576
00:28:15,920 --> 00:28:20,320
Speaker 3: You're bringing a lot today, Congressman. The protesters outside are

577
00:28:20,359 --> 00:28:22,960
Speaker 3: one thing. What do you tell the thirty or so delegates,

578
00:28:23,000 --> 00:28:24,719
Speaker 3: I know it's not a very high number who are

579
00:28:24,720 --> 00:28:28,560
Speaker 3: calling themselves ceasefire delegates who want to try to disrupt

580
00:28:29,080 --> 00:28:30,760
Speaker 3: the proceedings on the floor of this convention.

581
00:28:31,240 --> 00:28:33,240
Speaker 10: I wouldn't know if they would be disruptors, but if

582
00:28:33,240 --> 00:28:37,119
Speaker 10: they are dissenters and want to maintain that position, I

583
00:28:37,160 --> 00:28:40,000
Speaker 10: can respect it. It's going to be over two thousand delegates,

584
00:28:40,040 --> 00:28:43,200
Speaker 10: if thirties people that have applied and gotten on, and

585
00:28:43,240 --> 00:28:46,200
Speaker 10: this is their their petition. I think our ten is

586
00:28:46,200 --> 00:28:50,440
Speaker 10: big enough to hold together. Even you have never Trumpers.

587
00:28:51,040 --> 00:28:53,480
Speaker 10: Some of them came around, and some of them have

588
00:28:53,520 --> 00:28:55,800
Speaker 10: not come around. We've got some of them in here,

589
00:28:55,960 --> 00:28:58,400
Speaker 10: and some of those never Trumpers are here, so it

590
00:28:58,400 --> 00:29:01,280
Speaker 10: will never be a part of that has everyone singing

591
00:29:01,280 --> 00:29:04,040
Speaker 10: at the same page at the same time. But out

592
00:29:04,040 --> 00:29:07,200
Speaker 10: of that I respect their creativity and their differences, even

593
00:29:07,200 --> 00:29:08,760
Speaker 10: if I don't necessarily agree with it.

594
00:29:09,320 --> 00:29:11,440
Speaker 5: Surely there is a right to freedom of speech in

595
00:29:11,440 --> 00:29:13,440
Speaker 5: this country. There's also right, of course, to freedom of

596
00:29:13,440 --> 00:29:15,640
Speaker 5: the press, something Joe and I enjoy very much.

597
00:29:15,680 --> 00:29:17,080
Speaker 4: We get to interview people like you.

598
00:29:17,160 --> 00:29:19,360
Speaker 5: We have not yet though, and many people haven't had

599
00:29:19,400 --> 00:29:22,200
Speaker 5: the pleasure of interviewing the vice president since she became

600
00:29:22,400 --> 00:29:25,600
Speaker 5: the Democratic nominee. This is something that the Trump Vance

601
00:29:25,840 --> 00:29:28,600
Speaker 5: campaign is criticizing her heavily for is it time for

602
00:29:28,680 --> 00:29:32,640
Speaker 5: her to do that? Should she be answering questions from

603
00:29:32,680 --> 00:29:34,719
Speaker 5: the press, Should she be doing a sit down interview,

604
00:29:34,760 --> 00:29:37,440
Speaker 5: or is just doing these rallies and reading the teleprompter

605
00:29:37,560 --> 00:29:39,600
Speaker 5: and giving the speech in Chicago this weekend.

606
00:29:39,680 --> 00:29:41,240
Speaker 10: Well, I think she's done so much more than that.

607
00:29:41,600 --> 00:29:44,880
Speaker 10: A she had a body of work that's very well recognized,

608
00:29:45,120 --> 00:29:47,720
Speaker 10: and that was with the Biden Harris administration. This was

609
00:29:47,800 --> 00:29:51,920
Speaker 10: unprecedented and that the president decides to step out. First

610
00:29:51,920 --> 00:29:53,480
Speaker 10: thing she had to do is go through all the

611
00:29:53,640 --> 00:29:56,440
Speaker 10: mechanics and the legal work to transfer documents to be

612
00:29:56,520 --> 00:29:58,760
Speaker 10: the nominee. Then she'll add to gather all the votes

613
00:29:59,240 --> 00:30:02,360
Speaker 10: to secure the nomin nation. Same time she had to

614
00:30:02,640 --> 00:30:06,560
Speaker 10: vet out presidential a vice president. They had to map

615
00:30:06,600 --> 00:30:09,520
Speaker 10: out of strategy, get ready to culminate at the convention.

616
00:30:10,120 --> 00:30:12,760
Speaker 10: Then I believe it's the time for her to articulate

617
00:30:12,960 --> 00:30:15,680
Speaker 10: all of her positions. But right now she's very much

618
00:30:15,720 --> 00:30:19,680
Speaker 10: in sync withy Biden Harris administration. There will be some changes,

619
00:30:19,840 --> 00:30:23,240
Speaker 10: but fundamentally she has a great platform. It'll have some

620
00:30:23,280 --> 00:30:25,840
Speaker 10: more of her personality, but she has a great platform

621
00:30:25,880 --> 00:30:26,400
Speaker 10: to run on.

622
00:30:26,640 --> 00:30:30,600
Speaker 3: That timeline you mentioned will culminate with a debate on

623
00:30:30,640 --> 00:30:35,000
Speaker 3: September tenth. Will that debate decide the outcome of the selection?

624
00:30:35,440 --> 00:30:38,480
Speaker 10: No, I don't think so. I expect this to get

625
00:30:38,600 --> 00:30:43,320
Speaker 10: much more dirty, nastier. All that coming from Trump. He's

626
00:30:43,360 --> 00:30:47,920
Speaker 10: talking about attacks. He's not talking about the agenda that

627
00:30:47,960 --> 00:30:50,880
Speaker 10: he wants to go forward. He's pinning this very morose

628
00:30:50,920 --> 00:30:54,320
Speaker 10: and dark cloud. We're going to have the nineteen twenty nine.

629
00:30:54,360 --> 00:30:56,960
Speaker 10: You're going back into the Great Depression. If I don't win.

630
00:30:57,040 --> 00:30:58,920
Speaker 10: Every time the market goes up, it's because of me.

631
00:30:58,960 --> 00:31:01,920
Speaker 10: Anytime we went down because of him, He's just blamed.

632
00:31:02,080 --> 00:31:04,320
Speaker 10: And I think people are tired of his pettiness. They're

633
00:31:04,320 --> 00:31:06,600
Speaker 10: tired of his whining. People want to go forward with

634
00:31:06,640 --> 00:31:09,080
Speaker 10: a vision. I think America is much better than that.

635
00:31:09,400 --> 00:31:12,120
Speaker 10: And I am so excited when I see women standing up,

636
00:31:12,520 --> 00:31:16,080
Speaker 10: when I see mister Walls coming from being a teacher

637
00:31:16,360 --> 00:31:19,280
Speaker 10: and a coach. These are people that we recognize. Not

638
00:31:19,400 --> 00:31:21,520
Speaker 10: all the power and people have to go to the

639
00:31:21,520 --> 00:31:26,560
Speaker 10: most pristige, pristige or prestigious and elite schools. There are

640
00:31:26,600 --> 00:31:29,560
Speaker 10: great American schools all over the country. This reaffirms that

641
00:31:29,680 --> 00:31:32,080
Speaker 10: wherever you go you get a good education, you can

642
00:31:32,200 --> 00:31:34,240
Speaker 10: rise up to the highest levels of our office and

643
00:31:34,320 --> 00:31:35,360
Speaker 10: lead the American people.

644
00:31:35,840 --> 00:31:38,080
Speaker 4: All right, Congressman, great to see you here in Chicago.

645
00:31:38,120 --> 00:31:40,600
Speaker 4: Thank you so much for having us. Thank you in town.

646
00:31:40,600 --> 00:31:44,560
Speaker 5: Congressman Jonathan Jackson, Jackson of Illinois, we appreciate your time, sir.

647
00:31:44,680 --> 00:31:45,800
Speaker 4: Joining us here on Bloomberg.

648
00:31:47,360 --> 00:31:50,880
Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch

649
00:31:50,960 --> 00:31:53,800
Speaker 1: Just Live weekdays at noon Eastern on Apple car Play

650
00:31:53,800 --> 00:31:56,440
Speaker 1: and then roud Otto with the Bloomberg Business app. Listen

651
00:31:56,560 --> 00:31:59,560
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652
00:31:59,600 --> 00:32:02,960
Speaker 1: live on YouTube.

653
00:32:03,800 --> 00:32:07,280
Speaker 3: Joining us from just outside the United Center, it's California

654
00:32:07,360 --> 00:32:10,280
Speaker 3: Senator Lafonsa Butler. Senator. We want to welcome you to

655
00:32:10,320 --> 00:32:13,040
Speaker 3: Bloomberg TV and Radio. It's great to be with you

656
00:32:13,120 --> 00:32:16,400
Speaker 3: today in Chicago. I think it's safe to say that

657
00:32:16,440 --> 00:32:20,240
Speaker 3: you know Kamala Harris better than most Americans ever will.

658
00:32:20,760 --> 00:32:23,080
Speaker 3: And as we consider what she's going through right now,

659
00:32:23,120 --> 00:32:25,800
Speaker 3: being shot out of a cannon here at a Democratic

660
00:32:25,880 --> 00:32:28,720
Speaker 3: National Convention that she could not have planned for even

661
00:32:28,760 --> 00:32:32,040
Speaker 3: two months ago, tell us what she's going through emotionally.

662
00:32:34,440 --> 00:32:37,400
Speaker 11: Look, I don't thank you so much for having me

663
00:32:37,600 --> 00:32:41,000
Speaker 11: for covering this for offering this experience to folks who

664
00:32:41,000 --> 00:32:44,080
Speaker 11: are watching and listening on Bloomberg. You know, I couldn't

665
00:32:44,120 --> 00:32:48,240
Speaker 11: pretend to know what Vice President Harris is is feeling.

666
00:32:48,320 --> 00:32:49,720
Speaker 10: None of us could you know?

667
00:32:49,840 --> 00:32:53,880
Speaker 11: She was so committed to being a loyal governing partner

668
00:32:53,920 --> 00:32:59,400
Speaker 11: to President Biden, and today begins the convention that is

669
00:32:59,480 --> 00:33:03,360
Speaker 11: the process of nominating her as the Democratic presidential nominee

670
00:33:03,360 --> 00:33:07,160
Speaker 11: for this country, And so it is an exciting experience

671
00:33:07,280 --> 00:33:08,400
Speaker 11: I could imagine.

672
00:33:08,440 --> 00:33:09,440
Speaker 4: I have spoken to her.

673
00:33:09,600 --> 00:33:14,000
Speaker 11: She feels and sounds incredibly determined to be a leader

674
00:33:14,040 --> 00:33:17,200
Speaker 11: that offers a vision forward for our country and for

675
00:33:17,400 --> 00:33:21,520
Speaker 11: the American people, a way to unify us behind not

676
00:33:21,760 --> 00:33:25,920
Speaker 11: just our fears and the things that we are are

677
00:33:25,960 --> 00:33:28,880
Speaker 11: concerned about, but also about our hopes and our dreams

678
00:33:28,920 --> 00:33:31,080
Speaker 11: and the things that we can accomplish together. And so

679
00:33:31,840 --> 00:33:35,880
Speaker 11: it must be incredibly exciting for her for her family.

680
00:33:36,520 --> 00:33:38,320
Speaker 11: But I know this is a moment that she is

681
00:33:38,440 --> 00:33:42,080
Speaker 11: determined to meet and one that she I think will

682
00:33:42,200 --> 00:33:43,440
Speaker 11: we'll meet with great grace.

683
00:33:46,200 --> 00:33:48,600
Speaker 5: Well, Senator, of course, none of us can actually get

684
00:33:48,680 --> 00:33:52,200
Speaker 5: inside the Democratic nominees had at this time, but could

685
00:33:52,240 --> 00:33:54,440
Speaker 5: you take us inside yours knowing that before you were

686
00:33:54,440 --> 00:33:56,600
Speaker 5: a senator, you ran Emily's List. It is a group

687
00:33:56,760 --> 00:34:00,360
Speaker 5: literally dedicated to get women elected into office. Have not

688
00:34:00,400 --> 00:34:02,240
Speaker 5: just a woman, but a woman of color getting ready

689
00:34:02,320 --> 00:34:06,080
Speaker 5: to formally accept the Democratic nomination for president.

690
00:34:06,120 --> 00:34:10,800
Speaker 4: What does this week mean to you?

691
00:34:10,800 --> 00:34:13,399
Speaker 11: You know, I'm not sure that I know exactly what

692
00:34:13,440 --> 00:34:16,560
Speaker 11: it will mean. I am so focused on making sure

693
00:34:16,600 --> 00:34:19,200
Speaker 11: that I do everything I can to make this moment

694
00:34:19,360 --> 00:34:23,080
Speaker 11: not just a moment that happens as a nominating experience,

695
00:34:23,160 --> 00:34:26,480
Speaker 11: but an experience that actually leads to victory for the

696
00:34:26,560 --> 00:34:30,400
Speaker 11: country in November. But you're right, I have worked to

697
00:34:30,880 --> 00:34:34,160
Speaker 11: help to elect Democratic, pro choice women up and down

698
00:34:34,200 --> 00:34:37,480
Speaker 11: the ballot at all levels of government. And to again

699
00:34:37,600 --> 00:34:40,919
Speaker 11: be able to say that the United States, at least

700
00:34:40,960 --> 00:34:44,480
Speaker 11: one party is putting forth a woman and a woman

701
00:34:44,520 --> 00:34:47,319
Speaker 11: of color for the American people to consider for a

702
00:34:47,360 --> 00:34:51,319
Speaker 11: presidency is quite powerful, not just for my daughter, but

703
00:34:51,400 --> 00:34:54,960
Speaker 11: truly for America's daughters to be able to see themselves

704
00:34:55,560 --> 00:34:58,279
Speaker 11: once and for all in the highest position possible in

705
00:34:58,320 --> 00:35:01,080
Speaker 11: our country. It is a moment of pride for me,

706
00:35:01,200 --> 00:35:03,399
Speaker 11: and I think it will be a moment of great

707
00:35:03,440 --> 00:35:05,240
Speaker 11: pride for the American people.

708
00:35:08,040 --> 00:35:10,120
Speaker 3: Senator, what is Joe Biden going to tell the room

709
00:35:10,160 --> 00:35:13,279
Speaker 3: tonight as he passes the baton, the cliche that we

710
00:35:13,400 --> 00:35:17,439
Speaker 3: keep using for this inflection point in the campaign. There's

711
00:35:17,480 --> 00:35:20,520
Speaker 3: been reporting that he's very upset about what has happened,

712
00:35:20,520 --> 00:35:23,319
Speaker 3: But of course it's his job to strike a positive tone.

713
00:35:23,360 --> 00:35:24,920
Speaker 2: What should be his message? What are we going to

714
00:35:24,960 --> 00:35:25,760
Speaker 2: hear from Joe Biden?

715
00:35:28,160 --> 00:35:32,320
Speaker 11: Look, I expect that we're going to hear the words

716
00:35:32,400 --> 00:35:36,799
Speaker 11: of a proud statesman who has served his country for

717
00:35:36,840 --> 00:35:41,160
Speaker 11: the last fifty two years, made sacrifice after sacrifice to

718
00:35:41,239 --> 00:35:44,839
Speaker 11: help us win back the soul of our very nation.

719
00:35:45,000 --> 00:35:48,520
Speaker 11: He said that was why he was running in twenty twenty.

720
00:35:49,160 --> 00:35:52,040
Speaker 11: This is a president who will have accomplished by the

721
00:35:52,200 --> 00:35:56,160
Speaker 11: end of his term some of the most historic legislation ever,

722
00:35:56,840 --> 00:36:01,759
Speaker 11: changing the trajectory of so many industry opportunities for the

723
00:36:01,800 --> 00:36:05,280
Speaker 11: American people, whether we're talking about the cancelation of student

724
00:36:05,320 --> 00:36:09,359
Speaker 11: loan debt, to the inaction of the Chips and Science Act,

725
00:36:09,400 --> 00:36:14,640
Speaker 11: the biggest investments in climate change in our nation's history,

726
00:36:14,800 --> 00:36:16,960
Speaker 11: doing the work of the Pact Act, and taking care

727
00:36:17,080 --> 00:36:19,839
Speaker 11: of our veterans and their health care. So, look, this

728
00:36:19,920 --> 00:36:22,680
Speaker 11: is a moment I think where President Biden will have

729
00:36:22,760 --> 00:36:26,680
Speaker 11: the opportunity to not only talk about what he's accomplished,

730
00:36:26,680 --> 00:36:30,160
Speaker 11: but to thank the American people for trusting him to

731
00:36:30,320 --> 00:36:34,759
Speaker 11: lead in such a hard, tough moment. And I think

732
00:36:34,800 --> 00:36:36,879
Speaker 11: he's going to commit to continue to finish the job

733
00:36:36,960 --> 00:36:39,360
Speaker 11: that we have a lot more work to do. He

734
00:36:39,480 --> 00:36:41,880
Speaker 11: has another five months left in his term. He's going

735
00:36:41,960 --> 00:36:45,920
Speaker 11: to be focused on continuing to run through the tape,

736
00:36:46,280 --> 00:36:48,919
Speaker 11: but he's going to be exciting us and imploring us

737
00:36:49,440 --> 00:36:52,680
Speaker 11: to continue to fight for the democracy that future generations

738
00:36:52,719 --> 00:36:54,080
Speaker 11: in this country truly deserve.

739
00:36:57,360 --> 00:37:00,000
Speaker 5: Well and of course that fight will become Kamala Harris

740
00:37:00,239 --> 00:37:03,000
Speaker 5: throughout the remainder of this campaign, and then, of course,

741
00:37:03,000 --> 00:37:05,840
Speaker 5: if she ultimately wins when she takes office in January

742
00:37:05,880 --> 00:37:08,319
Speaker 5: of twenty twenty five. We are starting, Senator to get

743
00:37:08,600 --> 00:37:11,239
Speaker 5: at least the outlines of the kind of policy that

744
00:37:11,320 --> 00:37:13,640
Speaker 5: she would like to pursue when it comes to the economy.

745
00:37:13,640 --> 00:37:15,799
Speaker 5: And I ask you this knowing that you sit on

746
00:37:15,840 --> 00:37:18,719
Speaker 5: the Senate Banking Committee. Some of the policies she put

747
00:37:18,760 --> 00:37:22,400
Speaker 5: forward last week have been described as potentially inflationary. Donald

748
00:37:22,440 --> 00:37:26,120
Speaker 5: Trump has suggested they borderline on communism, calling her now

749
00:37:26,239 --> 00:37:30,879
Speaker 5: Comrade Kamala, are the ideas that she put forward really realistic?

750
00:37:33,840 --> 00:37:37,520
Speaker 11: Look, I think the former president has tried his attempt

751
00:37:37,520 --> 00:37:41,200
Speaker 11: at name calling against everyone who dare to take him on.

752
00:37:41,480 --> 00:37:45,480
Speaker 11: And this is a presidential candidate vice president in Kamala

753
00:37:45,520 --> 00:37:49,000
Speaker 11: Harris that is doing just that, taking him on and

754
00:37:49,040 --> 00:37:52,320
Speaker 11: putting forward visions and plans that actually bring our country

755
00:37:52,320 --> 00:37:55,960
Speaker 11: together that address some of our highest cost driving issues

756
00:37:56,000 --> 00:37:59,439
Speaker 11: that working families face today. The cost of housing whether

757
00:37:59,480 --> 00:38:03,160
Speaker 11: they want to own or rent, the cost of prescription drugs,

758
00:38:03,200 --> 00:38:09,080
Speaker 11: whether they're taking cancer medication, or an elderly who's just

759
00:38:09,120 --> 00:38:12,080
Speaker 11: trying to manage their diabetes or just trying to make

760
00:38:12,120 --> 00:38:14,720
Speaker 11: it every single day in the grocery store buying bread

761
00:38:14,760 --> 00:38:18,520
Speaker 11: and eggs and chicken to make sure that their family

762
00:38:18,680 --> 00:38:22,960
Speaker 11: has food to eat. Yes, she has put forth an ambitious,

763
00:38:23,239 --> 00:38:27,719
Speaker 11: I believe, practical approach that is about how do we

764
00:38:28,400 --> 00:38:31,319
Speaker 11: listen to what the American people need from government and

765
00:38:31,440 --> 00:38:34,680
Speaker 11: actually make plans to act. Are the plans going to

766
00:38:34,719 --> 00:38:38,080
Speaker 11: turn out exactly the way that she put forth in

767
00:38:38,120 --> 00:38:40,800
Speaker 11: her proposal in North Carolina? This is all going to

768
00:38:40,840 --> 00:38:43,200
Speaker 11: be a process, she said herself. What she wants to

769
00:38:43,200 --> 00:38:46,080
Speaker 11: do is bring stakeholders together. She wants to bring industry

770
00:38:46,320 --> 00:38:49,719
Speaker 11: and legislators and unions together to figure out how we

771
00:38:49,800 --> 00:38:52,480
Speaker 11: try to solve some of these problems. I don't know

772
00:38:52,560 --> 00:38:56,440
Speaker 11: what President former President's Trump is to do any of that.

773
00:38:56,640 --> 00:38:58,920
Speaker 11: He hasn't said. He just says that he wants to

774
00:38:58,960 --> 00:39:02,359
Speaker 11: create a what is in essence is a tax for

775
00:39:02,440 --> 00:39:06,160
Speaker 11: the American people to raise their costs. So I'd rather

776
00:39:06,239 --> 00:39:08,240
Speaker 11: be a part of a process to find a solid

777
00:39:08,239 --> 00:39:11,800
Speaker 11: solution for the American people than some pipe dream tax

778
00:39:11,840 --> 00:39:14,920
Speaker 11: that's going to raise the cost for every American person.

779
00:39:14,960 --> 00:39:17,239
Speaker 11: And I think every day about my mother, on a

780
00:39:17,280 --> 00:39:20,920
Speaker 11: fixed income, seventy one years old, how she I know

781
00:39:21,080 --> 00:39:23,520
Speaker 11: she can't afford Donald Trump's tax.

782
00:39:26,520 --> 00:39:29,359
Speaker 3: Senator Butler, we have breaking news on the terminal with

783
00:39:29,400 --> 00:39:32,680
Speaker 3: regard to Israel, and this is going to be important

784
00:39:33,120 --> 00:39:36,640
Speaker 3: for the delegates on the floor of this convention. Anthony Blincoln,

785
00:39:36,719 --> 00:39:41,560
Speaker 3: the Secretary of State, says Benjamin net Yahoo has accepted

786
00:39:42,200 --> 00:39:45,839
Speaker 3: a ceasefire proposal that they've been working on for days now.

787
00:39:45,840 --> 00:39:49,640
Speaker 3: This just crossed the terminal. Net Yahoo accepting latest Gaza proposal.

788
00:39:49,680 --> 00:39:53,600
Speaker 3: He's speaking with reporters right now talking about this US

789
00:39:53,640 --> 00:39:56,960
Speaker 3: backed bridging proposal for a ceasefire, calling on Hamas to

790
00:39:56,960 --> 00:40:00,799
Speaker 3: do the same your party platform. Senator also calls for

791
00:40:00,880 --> 00:40:04,719
Speaker 3: it quote immediate and lasting cease fire deal unquote if

792
00:40:04,719 --> 00:40:07,439
Speaker 3: this comes to fruition, if we do have a ceasefire deal,

793
00:40:07,880 --> 00:40:10,880
Speaker 3: are those thirty uncommitted delegates on the floor going to

794
00:40:10,960 --> 00:40:12,720
Speaker 3: become committed to Kamala Harris?

795
00:40:14,719 --> 00:40:16,880
Speaker 11: You know, I don't know. I surely hope, so I

796
00:40:16,880 --> 00:40:19,319
Speaker 11: wouldn't venture to speak for them, But let me just

797
00:40:19,400 --> 00:40:23,759
Speaker 11: first say thank God the tragedy that we have been

798
00:40:23,800 --> 00:40:28,600
Speaker 11: seeing that began on October seventh and has continued in

799
00:40:28,680 --> 00:40:34,280
Speaker 11: the lives of Palestinian, innocent Palestinian families. I am glad

800
00:40:34,400 --> 00:40:38,040
Speaker 11: that Joe Biden has remained on the case and has

801
00:40:38,080 --> 00:40:40,240
Speaker 11: not let a night go by where he wasn't working

802
00:40:40,280 --> 00:40:44,200
Speaker 11: towards accomplishing this ceasefire. If that is the case, this

803
00:40:44,320 --> 00:40:48,120
Speaker 11: is a great and important day for the presidency of

804
00:40:48,600 --> 00:40:53,160
Speaker 11: President Biden and a great moment of I think relief

805
00:40:53,360 --> 00:40:57,879
Speaker 11: for so many families Israeli and Palestinian families alike.

806
00:41:00,760 --> 00:41:03,120
Speaker 5: Well, and certainly it could be a moment of relief

807
00:41:03,160 --> 00:41:05,880
Speaker 5: if you are actively campaigning for president knowing that this

808
00:41:05,960 --> 00:41:08,759
Speaker 5: is an issue. Senator that has divided your party, and

809
00:41:08,800 --> 00:41:10,839
Speaker 5: we've seen that on display with the delegates that Joe

810
00:41:10,920 --> 00:41:12,600
Speaker 5: is alluding to you with the protests that will be

811
00:41:12,640 --> 00:41:16,560
Speaker 5: here in Chicago. If a ceasefire can be accomplished, what's

812
00:41:16,600 --> 00:41:20,120
Speaker 5: the biggest hurdle for your party to get over and

813
00:41:20,120 --> 00:41:22,560
Speaker 5: when it comes to voter turnout or to ensuring a

814
00:41:22,640 --> 00:41:24,600
Speaker 5: victory for Kamala Harris.

815
00:41:26,800 --> 00:41:31,960
Speaker 11: Yeah, Look, this is a war and a conflict that

816
00:41:32,160 --> 00:41:37,680
Speaker 11: is beyond ply party politics. Both sides have taken their

817
00:41:37,719 --> 00:41:40,879
Speaker 11: own positions. What we have seen President Biden and Vice

818
00:41:40,920 --> 00:41:45,440
Speaker 11: President Harris work towards is that lasting ceasepire, the return

819
00:41:45,640 --> 00:41:50,200
Speaker 11: of those hostages, and hopefully as the deal the details

820
00:41:50,239 --> 00:41:54,200
Speaker 11: of this deal becomes more clear that we would have

821
00:41:54,400 --> 00:41:57,440
Speaker 11: accomplished those things, And like, let's focus on these are

822
00:41:57,520 --> 00:42:01,360
Speaker 11: lives that have been lost here, ends of thousands of lives,

823
00:42:01,400 --> 00:42:05,720
Speaker 11: the rape and torture of Israeli families on October seventh.

824
00:42:05,760 --> 00:42:08,600
Speaker 11: I'm not going to jump into a conversation about politics

825
00:42:08,719 --> 00:42:11,560
Speaker 11: when we're talking about people's lives. Yes, there has been

826
00:42:11,600 --> 00:42:16,560
Speaker 11: disagreement in our country about this, but let's celebrate what

827
00:42:16,800 --> 00:42:20,239
Speaker 11: is happening here. There are hundreds of Americans and Israelis

828
00:42:20,280 --> 00:42:22,239
Speaker 11: and others that are actually going to be able to

829
00:42:22,280 --> 00:42:26,000
Speaker 11: come home after nearly a year. Let's celebrate what we're

830
00:42:26,040 --> 00:42:30,480
Speaker 11: accomplishing and recognize the diplomacy and the committed leadership that

831
00:42:30,640 --> 00:42:34,080
Speaker 11: President Biden and Vice President Harris have brought, and all

832
00:42:34,080 --> 00:42:36,000
Speaker 11: of the global leaders who have leaned in here to

833
00:42:36,040 --> 00:42:36,920
Speaker 11: help make this happen.

834
00:42:39,480 --> 00:42:41,759
Speaker 5: Fair Enough, Senator, thank you so much for joining us

835
00:42:41,760 --> 00:42:44,640
Speaker 5: outside the United Center here in Chicago. That is California's

836
00:42:44,680 --> 00:42:48,160
Speaker 5: Democratic Senator Lafonza Butler. We appreciate your time.

837
00:42:49,360 --> 00:42:52,719
Speaker 1: You're listening to the Bloomberg Balance of Power podcast Ken

838
00:42:52,880 --> 00:42:55,880
Speaker 1: just Live weekdays at newon Eastern on apocarplay and then

839
00:42:55,920 --> 00:42:58,920
Speaker 1: Broudoto with the Bloomberg Business app. You can also listen

840
00:42:59,040 --> 00:43:02,160
Speaker 1: live on Amazon and Alexa from our flagship New York station,

841
00:43:02,520 --> 00:43:05,240
Speaker 1: Just Say Alexa play Bloomberg eleven thirty.

842
00:43:07,440 --> 00:43:10,400
Speaker 5: The headline crossing this hour from the Bloomberg terminal, Secretary

843
00:43:10,400 --> 00:43:13,920
Speaker 5: of State Anthony Blincoln saying that Israel has accepted a

844
00:43:14,000 --> 00:43:16,760
Speaker 5: ceasefire agreement and now we wait for Hamas.

845
00:43:19,840 --> 00:43:22,720
Speaker 12: In a very constructive meeting with Prime mistery Innit Yahoo today,

846
00:43:23,880 --> 00:43:27,920
Speaker 12: he confirmed to me that Israel accepts the bridging proposal

847
00:43:28,560 --> 00:43:32,120
Speaker 12: that he supports it. It's now incumbent on Hamas to

848
00:43:32,200 --> 00:43:36,479
Speaker 12: do the same. And then the parties, with the help

849
00:43:36,520 --> 00:43:40,160
Speaker 12: of the mediators the United States, Egypt and Cutter, have

850
00:43:40,239 --> 00:43:45,480
Speaker 12: to come together and complete the process of reaching clear

851
00:43:45,560 --> 00:43:51,520
Speaker 12: understandings about how they'll implement the commitments that they've made.

852
00:43:52,920 --> 00:43:55,719
Speaker 5: So let's bring back now our political panel here in Chicago,

853
00:43:55,840 --> 00:43:58,680
Speaker 5: Rick Davis, partner at Stone Court Capital, and Jeanie shanzay No,

854
00:43:58,719 --> 00:44:02,120
Speaker 5: political science professor at Io University and Senior Democracy Fellow

855
00:44:02,200 --> 00:44:06,160
Speaker 5: at the Center for the Study of the Presidency and Congress.

856
00:44:06,200 --> 00:44:08,480
Speaker 5: So incredible to get this news is we're sitting here

857
00:44:08,520 --> 00:44:11,400
Speaker 5: in Chicago waiting for President Biden to speak this evening,

858
00:44:11,480 --> 00:44:14,839
Speaker 5: knowing that he has said a ceasefire agreement is one

859
00:44:14,880 --> 00:44:17,080
Speaker 5: of the things he wants to make sure he accomplishes

860
00:44:17,120 --> 00:44:22,399
Speaker 5: before leaving office. Obviously, there are massive humanitarian implications here

861
00:44:22,440 --> 00:44:24,719
Speaker 5: for the people living in Gaza, for the families of

862
00:44:24,719 --> 00:44:28,800
Speaker 5: the hostages, for the hostages themselves, Genie, that cannot go unsaid.

863
00:44:28,800 --> 00:44:31,800
Speaker 5: But politically this is significant as well.

864
00:44:32,000 --> 00:44:34,040
Speaker 8: This is and I think, you know, we can be

865
00:44:34,160 --> 00:44:37,960
Speaker 8: cautiously optimistic about what Anthony Blincoln has said, but of

866
00:44:38,000 --> 00:44:39,960
Speaker 8: course I think we have to be cautious because at

867
00:44:40,000 --> 00:44:43,319
Speaker 8: the same time Hamas has said it's dissatisfied with what

868
00:44:43,400 --> 00:44:47,480
Speaker 8: it describes as some of Israel's demands in this, and

869
00:44:47,520 --> 00:44:49,360
Speaker 8: so I think we do, to your point, have to

870
00:44:49,400 --> 00:44:52,440
Speaker 8: wait and see if this comes to fruition. The timing

871
00:44:52,520 --> 00:44:55,040
Speaker 8: is critically important for all of the reasons you mentioned,

872
00:44:55,040 --> 00:44:58,239
Speaker 8: which are the most important, but also politically because if

873
00:44:58,239 --> 00:45:02,200
Speaker 8: it came together today, afford President Biden speaks, that would

874
00:45:02,200 --> 00:45:05,279
Speaker 8: be enormously important for his legacy, which he is attached

875
00:45:05,600 --> 00:45:09,000
Speaker 8: to this in a profound way. And of course issues

876
00:45:09,040 --> 00:45:12,320
Speaker 8: involving the Middle East have had an enormously negative impact

877
00:45:12,360 --> 00:45:15,360
Speaker 8: on presidents going back several decades in the US, so

878
00:45:15,480 --> 00:45:18,759
Speaker 8: for him to be thinking about leaving office in January

879
00:45:19,120 --> 00:45:21,400
Speaker 8: and to have a win like this, if it happens,

880
00:45:21,440 --> 00:45:22,760
Speaker 8: would be enormously important.

881
00:45:22,760 --> 00:45:25,719
Speaker 3: Well, caution is the important word I think in your

882
00:45:25,760 --> 00:45:29,640
Speaker 3: setup there, Genie, because we've seen this before. Joe Biden

883
00:45:30,040 --> 00:45:31,959
Speaker 3: made an address to the nation from a White House

884
00:45:32,000 --> 00:45:35,960
Speaker 3: about this plan back around Memorial Day, and it was

885
00:45:36,000 --> 00:45:38,239
Speaker 3: not signed off on at the time, apparently by the

886
00:45:38,320 --> 00:45:41,360
Speaker 3: net and Yahoo government and Hamas went back and forth

887
00:45:41,400 --> 00:45:44,799
Speaker 3: for weeks on this ended with nothing. We just asked

888
00:45:44,800 --> 00:45:48,359
Speaker 3: Sean Caston, who made clear that his constituents represent one

889
00:45:48,360 --> 00:45:52,280
Speaker 3: of the largest blocks of pro Palestinian voters in the country.

890
00:45:53,160 --> 00:45:55,040
Speaker 3: He was very careful when we asked him about this.

891
00:45:55,200 --> 00:45:57,000
Speaker 3: He didn't want to see this move in too quickly

892
00:45:57,040 --> 00:45:59,680
Speaker 3: this week a long term deal. He said, How careful

893
00:45:59,680 --> 00:46:02,320
Speaker 3: should Democrats be right now with such a hot issue

894
00:46:02,320 --> 00:46:03,200
Speaker 3: around this convention?

895
00:46:03,640 --> 00:46:05,680
Speaker 2: Yeah, I think you have to be very careful.

896
00:46:05,719 --> 00:46:10,280
Speaker 9: I'm pessimistic that if your peace is rely upon relying

897
00:46:10,360 --> 00:46:14,759
Speaker 9: upon Hamas, you're going to have to wait. Hamas wants

898
00:46:14,760 --> 00:46:18,359
Speaker 9: a permanent ceasefire, they don't want a situational one, and

899
00:46:18,440 --> 00:46:21,120
Speaker 9: for that reason alone, they will probably reject this offer.

900
00:46:21,200 --> 00:46:24,840
Speaker 9: They've rejected previous offers that were similar in nature to

901
00:46:24,880 --> 00:46:26,719
Speaker 9: this one. As you say, they've been talking about this

902
00:46:26,760 --> 00:46:28,919
Speaker 9: for a long time. I don't think there's any reason

903
00:46:28,960 --> 00:46:31,240
Speaker 9: to believe that Hamas is going to see this as anything.

904
00:46:31,320 --> 00:46:33,279
Speaker 3: This is smart politically to do this in public, then

905
00:46:33,280 --> 00:46:34,160
Speaker 3: to go them to well.

906
00:46:34,160 --> 00:46:36,680
Speaker 9: Look, I mean, I think it's good to have government transparency, right,

907
00:46:36,719 --> 00:46:38,880
Speaker 9: I mean, like this is an important issue, as Genie says,

908
00:46:38,880 --> 00:46:40,879
Speaker 9: to a lot of people, it's not just politics, and

909
00:46:41,680 --> 00:46:44,080
Speaker 9: I think it's good that this is being aired out.

910
00:46:44,080 --> 00:46:46,600
Speaker 9: We don't normally get to see sausage being made in

911
00:46:46,640 --> 00:46:49,799
Speaker 9: these kinds of negotiations. But I think it's too soon

912
00:46:49,840 --> 00:46:53,120
Speaker 9: to tell whether or not Hamas is prepared to come

913
00:46:53,160 --> 00:46:55,200
Speaker 9: to the table and actually be a part of a

914
00:46:55,200 --> 00:46:59,440
Speaker 9: community that wants to see peace. It's not been their history,

915
00:46:59,800 --> 00:47:02,680
Speaker 9: and they've been very clear that they want a permanent

916
00:47:02,719 --> 00:47:04,279
Speaker 9: cease fire, they just don't want to pay for it.

917
00:47:04,840 --> 00:47:07,480
Speaker 5: Well, it's also worth noting Hamas operates as a proxy

918
00:47:07,600 --> 00:47:11,360
Speaker 5: of Iran. We are still waiting Irani in retaliation against

919
00:47:11,440 --> 00:47:15,600
Speaker 5: Israel for the assassination of leaders of Hesbola and of

920
00:47:15,640 --> 00:47:19,560
Speaker 5: course Hamas in Tehran earlier this summer, so that maybe

921
00:47:19,640 --> 00:47:21,480
Speaker 5: is a complicating factor in all of this as well.

922
00:47:21,520 --> 00:47:23,560
Speaker 5: But it was described to us as by our political

923
00:47:23,640 --> 00:47:27,280
Speaker 5: editor Laura Davison earlier this hour. Genie is really something

924
00:47:27,640 --> 00:47:30,960
Speaker 5: that actually can create some separation between President Biden, who

925
00:47:31,040 --> 00:47:33,040
Speaker 5: is president and therefore is the one that really has

926
00:47:33,080 --> 00:47:35,720
Speaker 5: to deal with is and Kamala Harris, who can speak

927
00:47:35,760 --> 00:47:38,680
Speaker 5: about it, who can try to frame it to her benefit,

928
00:47:38,760 --> 00:47:41,440
Speaker 5: but doesn't necessarily have that commander in chief title at

929
00:47:41,440 --> 00:47:43,680
Speaker 5: this time where this is incumbent upon her to deal

930
00:47:43,719 --> 00:47:46,239
Speaker 5: with So to what extent, regardless of whether or not

931
00:47:46,320 --> 00:47:50,320
Speaker 5: Hamas accepts or the negotiations are still ongoing, should Harris

932
00:47:50,360 --> 00:47:54,000
Speaker 5: be talking about this issue or others like economy and

933
00:47:54,120 --> 00:47:55,879
Speaker 5: the border at the convention this week?

934
00:47:55,960 --> 00:47:58,040
Speaker 8: You know, I think the convention, we're not going to

935
00:47:58,080 --> 00:48:00,520
Speaker 8: hear a lot of policy specifics. I think we're going

936
00:48:00,600 --> 00:48:04,080
Speaker 8: to hear an introduction of Kamala Harris because a lot

937
00:48:04,120 --> 00:48:07,120
Speaker 8: of people are not intimately familiar with her, even though

938
00:48:07,120 --> 00:48:09,520
Speaker 8: she's been in our lives as vice president for almost

939
00:48:09,520 --> 00:48:11,840
Speaker 8: four years now. So that's going to be what she

940
00:48:11,920 --> 00:48:15,200
Speaker 8: does this week. We will hear more about policy going forward,

941
00:48:15,520 --> 00:48:17,160
Speaker 8: But to your point, I don't think we're going to

942
00:48:17,239 --> 00:48:20,120
Speaker 8: hear a lot on the specifics of something like this,

943
00:48:20,960 --> 00:48:23,440
Speaker 8: And so you know, she is going to try to

944
00:48:23,440 --> 00:48:26,640
Speaker 8: get some of that separation from President Biden on things

945
00:48:26,640 --> 00:48:29,520
Speaker 8: that he is not particularly popular on and try to

946
00:48:29,560 --> 00:48:31,520
Speaker 8: embrace those things he is. So if there was a

947
00:48:31,560 --> 00:48:35,879
Speaker 8: win on this, if that would be enormously helpful, but

948
00:48:35,960 --> 00:48:39,160
Speaker 8: most importantly for the families of the hostages and you know,

949
00:48:39,239 --> 00:48:42,440
Speaker 8: all the people affected by this. Regardless of the politics

950
00:48:42,440 --> 00:48:42,839
Speaker 8: of this thing.

951
00:48:42,920 --> 00:48:44,560
Speaker 3: Well, you know, if you're running a convention, though, and

952
00:48:44,560 --> 00:48:47,239
Speaker 3: you've got thirty uncommitted delegates on the floor, is this

953
00:48:47,239 --> 00:48:49,520
Speaker 3: an opportunity. There may not be a deal here, but

954
00:48:49,640 --> 00:48:51,960
Speaker 3: this week in Chicago, there might be a sit down

955
00:48:52,000 --> 00:48:55,399
Speaker 3: conversation between the Harris campaign and those delegates to say, look,

956
00:48:55,440 --> 00:48:57,480
Speaker 3: we're trying to move the ball right.

957
00:48:57,560 --> 00:48:59,799
Speaker 9: I think anything you can do to sort of knock

958
00:48:59,800 --> 00:49:03,480
Speaker 9: your late the convention to delegates who aren't looking at

959
00:49:03,520 --> 00:49:05,760
Speaker 9: the same success you are is important.

960
00:49:05,800 --> 00:49:06,319
Speaker 4: You're going to do that.

961
00:49:06,360 --> 00:49:08,560
Speaker 2: Any wouldn't just they've been doing it. You wouldn't just

962
00:49:08,560 --> 00:49:09,040
Speaker 2: ignore it.

963
00:49:09,480 --> 00:49:11,000
Speaker 9: Maybe their bus breaks down on the way to the

964
00:49:11,000 --> 00:49:14,480
Speaker 9: convention on Thursday night. But another thing, But the reality

965
00:49:14,640 --> 00:49:17,880
Speaker 9: is you don't usually get hard to use at a convention.

966
00:49:18,160 --> 00:49:21,319
Speaker 9: And it would be really a kudo for Biden to

967
00:49:21,360 --> 00:49:24,280
Speaker 9: be able to talk about this tonight. Now with Israel

968
00:49:24,440 --> 00:49:27,040
Speaker 9: signing on, maybe that's enough for him, But to get

969
00:49:27,080 --> 00:49:31,080
Speaker 9: a cease fire the night of your last speech to

970
00:49:31,160 --> 00:49:34,440
Speaker 9: the convention as president, it would be a really special

971
00:49:34,480 --> 00:49:36,839
Speaker 9: moment for him. And suffice it to say, I doubt

972
00:49:36,880 --> 00:49:39,920
Speaker 9: if Hamas is really caring whether or not sure Joe

973
00:49:39,920 --> 00:49:40,720
Speaker 9: Biden has a good.

974
00:49:40,640 --> 00:49:42,800
Speaker 5: Night or not well fair enough, but it will be

975
00:49:42,840 --> 00:49:44,839
Speaker 5: a night for Joe Biden, the only one, frankly, he's

976
00:49:44,880 --> 00:49:47,400
Speaker 5: going to get at this convention. Genie, We've talked at

977
00:49:47,480 --> 00:49:50,759
Speaker 5: length about how difficult this moment may may be emotionally,

978
00:49:51,239 --> 00:49:54,560
Speaker 5: given his long career in public service, but he has

979
00:49:54,600 --> 00:49:56,279
Speaker 5: made the decision to pass that the autonom will do

980
00:49:56,360 --> 00:49:59,000
Speaker 5: so in a very real way. This evening, we're also

981
00:49:59,040 --> 00:50:01,239
Speaker 5: going to be hearing from members of his family. Joe

982
00:50:01,239 --> 00:50:05,360
Speaker 5: Biden is speaking tonight, Ashley Biden is introducing him. According

983
00:50:05,480 --> 00:50:08,239
Speaker 5: to the speaker's list, what tone do you expect to hear,

984
00:50:08,320 --> 00:50:11,480
Speaker 5: not just from the President, but from those closest to him.

985
00:50:11,960 --> 00:50:14,440
Speaker 8: I think we're going to hear the closeness of their

986
00:50:14,480 --> 00:50:18,040
Speaker 8: relationship with their husband and their father. You know, this

987
00:50:18,200 --> 00:50:22,200
Speaker 8: is a family who has gone through so much trauma,

988
00:50:22,480 --> 00:50:24,960
Speaker 8: especially in the last few years, and so I think

989
00:50:24,960 --> 00:50:27,000
Speaker 8: we're going to hear a lot of love and respect

990
00:50:27,120 --> 00:50:29,799
Speaker 8: from them. And I think they're going to be celebrating

991
00:50:29,960 --> 00:50:33,000
Speaker 8: his work. I mean, nineteen seventy two, he enters Congress

992
00:50:33,040 --> 00:50:37,080
Speaker 8: at twenty nine, and he departs today the convention, and

993
00:50:37,440 --> 00:50:40,279
Speaker 8: or tonight the convention, and in a few months the presidency,

994
00:50:40,400 --> 00:50:42,759
Speaker 8: so it's a big, big moment for him. But I

995
00:50:42,760 --> 00:50:45,320
Speaker 8: think most important, they're all going to agree we want

996
00:50:45,400 --> 00:50:48,040
Speaker 8: Kamala Harris to succeed and beat Donald Trump.

997
00:50:48,120 --> 00:50:50,120
Speaker 3: So prepare for a lot of young photos of Joe

998
00:50:50,120 --> 00:50:51,160
Speaker 3: Biden with Dark Harris.

999
00:50:51,200 --> 00:50:51,600
Speaker 2: What you saying?

1000
00:50:51,680 --> 00:50:56,240
Speaker 3: That's right, great conversation with our signature panel. As always,

1001
00:50:56,320 --> 00:50:59,040
Speaker 3: Rick Davis Genie Shanzano are going to be with us

1002
00:50:59,080 --> 00:51:00,719
Speaker 3: for the week here in Chicage, with a lot more

1003
00:51:00,760 --> 00:51:06,920
Speaker 3: to follow as the DNC gets underway.

1004
00:51:09,239 --> 00:51:11,680
Speaker 2: Thanks for listening to the Balance of Power podcast.

1005
00:51:12,320 --> 00:51:15,440
Speaker 3: Make sure to subscribe if you haven't already, at Apple, Spotify,

1006
00:51:15,520 --> 00:51:18,120
Speaker 3: or wherever you get your podcasts, and you can find

1007
00:51:18,200 --> 00:51:21,879
Speaker 3: us live every weekday from Washington, DC at Noontimeeastern at

1008
00:51:21,880 --> 00:51:23,880
Speaker 3: Bloomberg dot com.